Trump Administration Threatens Retaliation Over EU's DMA and DSA Enforcement Against U.S. Tech

[Abazigal]

This is the one area I do agree with the Trump administration on (that the DMA is protectionist at its core), but I doubt they possess the finesse or the leverage to actually follow through on their threat. In the end, it may just end up being a lot of bluster on social media, without anything concrete to show for it.

 

[Kal Madda]

Awesome! I hope he does. The EU shouldn’t be allowed to target and bully US companies with their arbitrary silly little edicts, trying to take away the basic rights of companies to manage their own products/properties. I hope the EU commission gets what they deserve. 👍🏻

 

[UliBaer]

The golden bribe finally starts having an effect? 🤣 🤦‍♂️

 

[Kal Madda]

Typical child throwing a tantrum over having to follow the rules.

While I don’t like Trump, the children throwing tantrums in this scenario are the EU commission with their arbitrary silly little edicts attempting to target and bully US companies with arbitrary and ever changing whims that are impossible to comply with…

 

[Kal Madda]

Been saying this all along. Laws should target behaviors and be applied equally to all businesses.

By making up arbitrary numbers about company size/revenues or user base they have managed to create a system that targets all the US tech companies while leaving EU companies exempt from the same laws. There are a LOT of multi-billion dollar EU companies that get a free pass.

Absolutely. This right here. It’s clearly targeting US companies, and it’s attempting to take away US companies basic rights to manage their own products/property and trying to force them to give away their hard work and resources to competitors…

 

[LordArchie]

Trump is transactional. Offer him a donation or a shiny trinket, and he is happy to lean on your enemies.

To me, this is simple. It’s their country and their rules. Yes, that can hurt companies like Apple and Google, but is the United States supposed to set the rules for the entire world? If Apple or any other company wants to sell products there, they have to follow that country’s laws.

It’s no different than visiting someone else’s house. You can complain about their shoes-off policy all you want, but if you want to come inside, you take your shoes off.

 

[Kal Madda]

About time someone stands up against the EU.

Just raise the prices for the EU to offset their fines 🤣

Yeah, and furthermore, I think Apple should just cut off all new feature updates for the EU market, just bug fixes. Because the EU commission will probably find some way to whine about a new feature being “anticompetitive” or whatever other such tripe anyways, so no more features. I feel bad for customers in the EU market as they’ve already lost some features due to the EU commission, but sadly that’s the way it is. Perhaps they can choose better leaders who won’t try to extort US companies with arbitrary edicts… 🤷🏼‍♂️.

 

[Lyrics23]

Rules can be challenged.

Sure, and the companies affected are welcome to challenge the rules in the jurisdictions they operate in as they desire, so long as they actually follow the rules set out for them if those rules are upheld.

This isn’t that. This is a childish tantrum about very sensible, very basic, rules in an entirely different continent.

American companies don’t get to ignore the rules worldwide just because they have unfettered free-reign in their own country.

It’s really not that complicated, and it’s astonishing how quickly America has openly fallen into corruption and oligarchy.

 

[CapitalIdea]

Good. I'm glad we have a President with a spine who will actually stand up for American companies rather than one who will capitulate, bend over and do nothing for them.

So you don’t like the free market then.

 

[GMShadow]

A reminder that Europe makes more from fines levied against American businesses than they do from taxes on eurotech businesses.

Enough is enough.

 

[whatnot]

American innovation and competition.​

spray cheese meets hostile bid.

 

[Naraxus]

So you don’t like the free market then.

I love a free market economy. It's too bad the EU doesn't

 

[Kal Madda]

So you don’t like the free market then.

No, the EU commission doesn’t like the free market, which is why it’s attempting to take away the basic rights of successful companies to manage their own products/properties, and trying to force said companies to give away their hard work and resources for free to their competitors. The EU is the one meddling with the market and claim to be trying to “balance” it or whatever by punishing successful companies and trying to force them to give away their resources/properties to competitors.

And really what this boils down to is extortion. The EU commission is trying to leach off of successful US companies to fill in the gaps in their budget due to their poor and failing socialist economic practices… Which is why they make these arbitrary edicts ever changing and impossible to comply with. When companies have tried to comply and ask about proposed changes, the commission refuses to cooperate, and drags their feet replying until the last minute. This is extortion plain and simple. And it is totally outside of the proper scope of government authority…

 

[yaddam205]

lol, so many people in here championing "poor" multi-billion dollar corporations. Tell me..... how will these fines hurt you? These mega companies will continue to invest billions in foreign countries and avoid paying taxes in the US. No new jobs will be created if these fines are avoided. It's funny how media can get people into a frenzy of something that has no effect on their lives.

Pro-consumer policies are good.

 

[ddhhddhh2]

Good. I'm glad we have a President with a spine who will actually stand up for American companies rather than one who will capitulate, bend over and do nothing for them.

Sarcasm needs a label, buddy.

 

[Naraxus]

I, on the other hand, am glad that the EU is standing up for us CUSTOMERS for a change.

If you really believe that I have a bridge to sell you.

 

[Zest28]

That took him long enough.

 

[Kal Madda]

lol, so many people in here championing "poor" multi-billion dollar corporations. Tell me..... how will these fines hurt you? These mega companies will continue to invest billions in foreign countries and avoid paying taxes in the US. No new jobs will be created if these fines are avoided. It's funny how media can get people into a frenzy of something that has no effect on their lives.

Pro-consumer policies are good.

The EU Commission’s overreach and extortion and bullying of US companies isn’t “pro-consumer”. It’s way outside the proper scope of government authority…

The EU Commission doesn’t give a rat’s rear end about consumers. Which is why they make such bad policies, and why those policies end up taking away choices from consumers in their market. And forces companies to withhold features they could otherwise deliver to users, but the EU commission would likely arbitrarily decide were “anticompetitive” or whatever other such tripe…

 

[yaddam205]

The EU Commission’s overreach and extortion and bullying of US companies isn’t “pro-consumer”. It’s way outside the proper scope of government authority…

Ensuring choice and competition is good for the consumer. Better prices and product. Consolidation is death to capitalism.

 

[noraa]

Good. I'm glad we have a President with a spine who will actually stand up for American companies rather than one who will capitulate, bend over and do nothing for them.

He might stand up for the companies (at least those willing to bend the knee), but he sure as hell won’t stand up for the American people.

 

[Zest28]

If you really believe that I have a bridge to sell you.

Indeed, DMA is for EU companies, not for EU customers.

In the end, the war by the EU against US tech company will only end up badly for Europe. In the end, the USA is an importer of EU goods, not an exporter, so the EU needs the USA a whole lot more than the USA needs the EU.

Countries like Germany (the paymeister of Europe) wouldn't even be profitable if it wasn't for the USA buying all their cars.

 

[Kal Madda]

Ensuring choice and competition is good for the consumer. Better prices and product. Consolidation is death to capitalism.

There are choices and competition without government meddling and trying to strip companies of their basic rights… What the EU Commission is doing is taking away choices, and attempting to extort US companies with targeted arbitrary edicts…

 

[UliBaer]

A reminder that Europe makes more from fines levied against American businesses than they do from taxes on eurotech businesses.


View attachment 2588561

Enough is enough.

Source of this false offspring?
How can 1839M from Apple be more (=higher) than 1614M + 300M = 1914M from SAP and Adyen?!
The scale of this picture is hilariously "out of scale" - classical fake news!
Don't trust statistics that aren't made up by yourself!

 

[Kal Madda]

Indeed, DMA is for EU companies, not for EU customers.

In the end, the war by the EU against US tech company will only end up badly for Europe. In the end, the USA is an importer of EU goods, not an exporter, so the EU needs the USA a whole lot more than the USA needs the EU.

Countries like Germany (the paymeister of Europe) wouldn't even be profitable if it wasn't for the USA buying all their cars.

Exactly. The EU Commission doesn’t give a rat’s rear end about consumers.

Sorry to say it, but if you think the EU Commission is doing this from the “kindness of their heart” for the consumer, that’s incredibly naive…

 

[yaddam205]

There are choices and competition without government meddling and trying to strip companies of their basic rights… What the EU Commission is doing is taking away choices, and attempting to extort US companies with targeted arbitrary edicts...

2 questions. A. My original question, how does this fine affect you? B. What competition?